Cogir Real Estate Is Mandated to Manage 11 New Retirement Homes in the Province of Québec

03 April 2023

Cogir Real Estate is pleased to announce that the company has received a new private-retirement-home-management mandate in the province of Québec. This mission involves 11 residences located in various cities in the province. Our great family welcomes a group of 500 new colleagues and just over 3,000 additional residents.

This mandate also signals a new relationship with a renowned client. Blackstone is the owner of the residences and Longview is its property manager. Blackstone and Longview wish to retain the long-term ownership of these 11 residences.

Among these 11 properties, five will bear the Vilia name. The remaining six will retain the name on which their reputation has been built. All residences will bear the Cogir seal of management quality.

“We are delighted to welcome these new residents and colleagues within the great Cogir family. Our goal is to merge our skills with those of the existing teams and to offer the highest standards of customer service to our residents. We look forward to meeting and chatting with both residents and colleagues and to working together to enhance their experience within the residence. We will be deploying the great values that have been the hallmark of the Cogir team,” declares Frédéric Soucy, president of Cogir Management.

“This new mandate and this new world-renowned client fit perfectly in the company’s strategic growth plan. As we consolidate our presence inside the province of Québec’s retirement home market, we are clearing the path toward new opportunities outside the province,” adds Mathieu Duguay, Cogir Real Estate’s chief executive and investment officer.

April 1, 2023, is the mandate’s start date. A dedicated Cogir team is currently tasked with carrying out a smooth transition. Its primary objective is to provide excellent service to residents and new colleagues.

About Cogir Real Estate

Incorporated in 1995, Cogir Real Estate employs close to 8,500 people who are passionate about real estate. With our constant desire to give purpose to real estate, we strive to maintain a human focus, to create and to excel in our quest to design living environments that are pleasant, functional and a reflection of their occupants. Our team manages over 365 properties throughout Canada and the United States. We oversee 5 million square feet of commercial property and 43,000 housing units, including more than 120 privately owned seniors’ residences. The Cogir Foundation supports projects and causes involving four major domains, namely youth, seniors, cultural diversity and the environment.